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Tribunals · Peterborough City Council · 2023 rating list

9, COMMERCE ROAD, PE2 6LR

Office and premises Decided 15 April 2025 CHG101202057 Ryan

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV · 2023 list£41,750
Ratepayer sought—
VO conceded first—
Tribunal decided£41,750from 1 Apr 2023

Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (9 Commerce Road, Peterborough PE2 6LR). Every property is listed below.

The 2 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 list); this appeal’s property is highlighted.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
9 Commerce Road, Peterborough PE2 6LRThis appeal£41,750—£41,750Dismissed
Gnd Flr North Wing Park House, Lynch Wood, Peterborough PE2 6FZ£28,500—£28,500Dismissed

What was argued and what the tribunal found

The appellant sought to reduce the unadjusted rate from £120/m² to £96/m² by relying on three rental comparables, including a heavily incentivised lease at Gnd Flr North Wing Park House. The Tribunal examined the basket of rental evidence and comparable assessments, finding that whilst incentivised rents ranged down to £96.28/m², the rents presented (analysing between £96.28/m² and £150/m²) and all comparable properties with an adopted tone of £120/m² supported the reasonableness of the current assessments. The appeals were dismissed as the appellant failed to provide compelling evidence to reduce the RV.", <parameter name="vo_conceded_rv">null

Summary generated from the decision text and checked against it. The appellant was Greenstones Limited, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments, Photographs
Cases cited
Lotus & Delta v Culverwell
Hearing
24 March 2025

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.